Examples of Continuing Care Provider in a sentence
The Pennsylvania Continuing Care Provider Registration and Disclosure Act requires a statutory reserve equivalent to the greater of the total of debt service payments due during the next 12 months on account of any loan or 10% of the projected annual operating expenses of the facilities exclusive of depreciation, computed only on the proportional share of financing or operating expenses that is applicable to residents under entrance fee agreement contracts.
The parties hereto agree to treat any indemnification made pursuant to this ARTICLE IX as an adjustment to the number of shares of Parent Preferred Stock or Parent Common Stock, as applicable, issued to the Indemnified Group as part of the Organization Transactions, unless otherwise required by Law.
SUSPENSION BECAUSE OF ORDER OF STATE OR FEDERAL COURT In the event a state or federal court order requires suspension of work, the order of suspension shall identify the court order which caused the suspension and shall extend the time limit of the contract by the amount of time specified by the court order.
The Continuing Care Provider Registration and Disclosure Act in Pennsylvania requires a working capital reserve equivalent to the greater of the total debt service payments due during the next 12 months on account of any loan or long-term financing, or 10% of the projected annual operating expenses of the Obligated Group exclusive of depreciation.
Messiah Village shall make available to Resident at the time of the execution of this Agreement, and at least annually thereafter, a copy of its Disclosure Statement required by the Continuing Care Provider Registration and Disclosure Act, Act No. 82 of 1984 (“Act 82”).
The statutory provisions of the Pennsylvania Continuing Care Provider Registration and Disclosure Act 82 cannot be waived by the Resident or Willow Valley.
The Continuing Care Provider Registration and Disclosure Act requires a working capital reserve equivalent to the greater of the total debt service payments due during the next 12 months on account of any loan or long-term financing, or 10% of the projected annual operating expenses of the Corporation exclusive of depreciation.
The Continuing Care Provider Registration and Disclosure Act in Pennsylvania requires a working capital reserve equivalent to the greater of the total debt service payments due during the next 12 months on account of any loan or long-term financing, or 10% of the projected annual operating expenses of the Corporation exclusive of depreciation.
The Placement Shares that are expected to be issued in relation to the Private Placement will be issued pursuant to the general mandate obtained at the Company's annual general meeting held on 30 April 2021 (the "General Mandate").
In Pennsylvania, entities that are organized as CCRCs are subject to regulation by the Pennsylvania Department of Insurance pursuant to the Continuing- Care Provider Registration and Disclosure Act of 1984, as amended.7 Regulations promulgated under this statute are found at 31 Pa. Code §§151.1-151.14.Pennsylvania law mandates at Section 3204 of the Act that“[n]o providers shall engage in the business of providing continuing care .